Three former Wells Fargo executives must pay $18.5 million for their role in the bank’s widespread fake sales accounts scandal that came ... “This case stems from one of the largest scandals ...

Wells Fargo scandal: US bank regulator fines three former ... not immediately respond to requests for additional comment. The case is Wells Fargo Bank NA as trustee v JPMorgan Chase Bank NA ...

The Civil Division will continue to use all available tools to protect the American public from fraud and abuse ... faked bank records and settled its case with the U.S. Securities and Exchange ...

“Defendants’ failures resulted in millions of complaints about Zelle fraud at (JP Morgan Chase, Bank of America and Wells Fargo ... criticized the suit as a case of overreach.

Initially filed in December, the suit accused the defendants of failing to adequately investigate fraud complaints ... Bank and Wells Fargo Bank, with prejudice.” This means the case cannot ...

but Wells Fargo felt otherwise. "They said we don't see this as fraud. We don't believe it's fraud and therefore, we are closing the case," said Jose. "Pretty much saying I wasn't going to get my ...

The U.S. Consumer Financial Protection Bureau told a federal court on Tuesday it was dropping a lawsuit filed in December against three of the nation's largest banks over their handling of the payment ...

The Consumer Financial Protection Bureau has dropped a case against three ... Bank of America and Wells Fargo, after accusing them of failing to protect users from fraud on peer-to-peer payments ...

Bank of America and Wells Fargo who use Zelle lost a collective $870 million on the platform over the last seven years. When fraud victims reached out for assistance, the banks were largely ...

The agency, which was virtually shuttered by President Donald Trump last month, had accused JPMorgan Chase, Bank of America and Wells Fargo of failing to protect consumers from fraud costing ...

In December a federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America, claiming the banks failed to protect hundreds of thousands of consumers from rampant fraud on Zelle ...

(Reuters) -The U.S. Consumer Financial Protection Bureau told a federal court on Tuesday it was dropping a lawsuit filed in December against three of the nation's largest banks over their handling ...